Ethereum ETH/USD are traded at 198 and continue to move within the fall. Capitalization of the cryptocurrency at the time of publication of the forecast is $20 183 804 605. At this point, you should expect a test of the resistance level near area 210. Again, we expect a rebound and the continued decline in the Ethereum rate with a target below 170.
Ethereum forecast & technical analysis September 19, 2018
An additional signal in favor of falling quotes ETH/USD will test the trend line on the indicator of relative strength index (RSI). The abolition of the variant of the reduction of the cryptocurrency will be a strong growth and a breakdown of the level of 220, which will indicate the breakdown of the resistance level and the continuation of the growth of quotations of the ETH/USD above the level of 235. With the breakdown of the bottom of the bullish channel and the closing of quotes below 180, it is necessary to confirm the development of the bearish movement in Ethereum.
Ethereum forecast & technical analysis September 19, 2018 suggests an attempt to test the resistance area near the level of 210, from which it is expected to rebound and continue falling of the ETH/USD cryptocurrency in the area below the level of 170, an additional signal in favor of Ethereum decline will be a trend line test on an indicator of relative strength index (RSI), the abolition of the variant of the fall of the digital currency, a breakdown of area 220 will appear, indicating that the growth will continue with a potential target below the level of 235.
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